Yahoo PayDirect has for some time had the advantage
over PayPal of not charging fees. As of Dec. 17th
they will have fees (slightly lower than PayPal's,
IIRC), but at least give the flexibility of
allowing the sender to pay the fees.
However...PayDirect has always been horribly slow
getting money into my bank account. PayPal takes
2-4 days, while PayDirect takes 6-8. This is
awkwardly long; it would be faster to send a money
order. (Also, since PayDirect is less widely
accepted, the odds that I can use the money for
something directly rather than having to move it to
my bank account are small.)
Of course, Yahoo may just hate my bank for some
reason.
--Atiya
|